SANTA CRUZ - WATSONVILLE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Santa Cruz - Watsonville averaged
6.83%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
7.08% and
one month ago for the week of 2025-04-17, the
average rate was 7.1%.
Santa Cruz - Watsonville's average rate one year ago was 6.99%.
For refis of the same type during the week of 2025-05-22, the average rate
was 6.59%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| Santa Cruz - Watsonville 30 Year Fixed Rate | 2025-05-22 | 6.83% |
| Santa Cruz - Watsonville 30 Year Fixed Rate Refi | 2025-05-22 | 6.59% |
| Santa Cruz - Watsonville 15 Year Fixed Rate | 2025-05-22 | 6.01% |
| Santa Cruz - Watsonville 15 Year Fixed Rate Refi | 2025-05-22 | 6.61% |
| Santa Cruz - Watsonville 30 Year FHA | 2025-05-22 | 6.51% |
| Santa Cruz - Watsonville 30 Year FHA Refi | 2025-05-22 | 6.51% |
| Santa Cruz - Watsonville 30 Year USDA | 2025-05-22 | 6.63% |
| Santa Cruz - Watsonville 30 Year USDA Refi | 2025-05-22 | 6.53% |
| Santa Cruz - Watsonville 30 Year VA | 2025-05-22 | 6.42% |
| Santa Cruz - Watsonville 30 Year VA Refi | 2025-05-22 | 6.72% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SANTA CRUZ-WATSONVILLE, CA.
SANTA CRUZ - WATSONVILLE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SANTA CRUZ-WATSONVILLE, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SANTA CRUZ - WATSONVILLE Average Closing Costs & Other Stats
SANTA CRUZ-WATSONVILLE, CA's 154 lenders originated 2,640
loans during 2024. The total origination value was $1,936,830,000, with an average loan value of
$733,648.
SANTA CRUZ - WATSONVILLE's average closing costs are $6,353.
The top SANTA CRUZ - WATSONVILLE lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
210 loans originated. Their average total fees are
$8,826, which is $550
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SANTA CRUZ - WATSONVILLE lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB ($3,548), THE GOLDEN 1 ($4,265), Morgan Stanley Private Bank ($5,260), U.S. Bank ($5,519) and STAR ONE CREDIT UNION ($5,633).
The lowest rate SANTA CRUZ - WATSONVILLE lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (5.67%), Morgan Stanley Private Bank (5.89%), STAR ONE CREDIT UNION (6.15%), THE GOLDEN 1 (6.17%) and Citibank (6.21%).
SANTA CRUZ-WATSONVILLE, CA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| JONES LANG LASALLE MULTIFAMILY, LLC | $179,545,000 | $344,225,000 | 91.7% | 17.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $133,660,000 | $209,195,000 | 56.5% | 10.8% |
| QUICKEN LOANS, LLC | $70,915,000 | $114,640,000 | 61.7% | 5.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $88,680,000 | $98,700,000 | 11.3% | 5.1% |
| BAY | $94,595,000 | $98,670,000 | 4.3% | 5.1% |
| U.S. Bank | $63,550,000 | $57,280,000 | -9.9% | 3.0% |
| Citibank | $12,720,000 | $47,585,000 | 274.1% | 2.5% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $35,455,000 | $46,995,000 | 32.5% | 2.4% |
| Bank of America | $51,325,000 | $46,980,000 | -8.5% | 2.4% |
| Wells Fargo Bank | $68,915,000 | $44,180,000 | -35.9% | 2.3% |
| Morgan Stanley Private Bank | $19,160,000 | $39,205,000 | 104.6% | 2.0% |
| BMO Harris Bank | $15,430,000 | $33,305,000 | 115.8% | 1.7% |
| JPMorgan Chase Bank | $32,515,000 | $31,735,000 | -2.4% | 1.6% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $11,595,000 | $23,745,000 | 104.8% | 1.2% |
| Charles Schwab Bank, SSB | $10,025,000 | $23,185,000 | 131.3% | 1.2% |
| GUILD MORTGAGE COMPANY | $5,020,000 | $20,415,000 | 306.7% | 1.1% |
| STAR ONE CREDIT UNION | $16,230,000 | $19,980,000 | 23.1% | 1.0% |
| GUARANTEED RATE, INC. | $20,930,000 | $17,085,000 | -18.4% | 0.9% |
| GUARANTEED RATE AFFINITY, LLC | $8,990,000 | $16,655,000 | 85.3% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $7,985,000 | $15,005,000 | 87.9% | 0.8% |
| WALKER & DUNLOP, LLC | $6,975,000 | $15,005,000 | 115.1% | 0.8% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $11,950,000 | $12,470,000 | 4.4% | 0.6% |
| Cornerstone First Mortgage, Inc | $1,270,000 | $11,890,000 | 836.2% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $16,040,000 | $10,650,000 | -33.6% | 0.5% |
| THE GOLDEN 1 | $20,285,000 | $10,640,000 | -47.5% | 0.5% |
| STANFORD Federal Credit Union | $7,065,000 | $10,500,000 | 48.6% | 0.5% |
| FINANCE OF AMERICA REVERSE LLC | $7,370,000 | $10,140,000 | 37.6% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $7,285,000 | $9,310,000 | 27.8% | 0.5% |
| NEXERA HOLDING LLC | $5,505,000 | $9,265,000 | 68.3% | 0.5% |
| Flagstar Bank, FSB | $9,275,000 | $8,885,000 | -4.2% | 0.5% |
| NEWREZ LLC | $5,775,000 | $8,775,000 | 51.9% | 0.5% |
| ML Mortgage Corp. | $8,685,000 | n/a | 0.4% | |
| MACKILLIE INCORPORATED | $1,785,000 | $8,240,000 | 361.6% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $2,695,000 | $8,085,000 | 200.0% | 0.4% |
| General Mortgage Capital Corporation | $2,370,000 | $7,930,000 | 234.6% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $7,030,000 | $7,910,000 | 12.5% | 0.4% |
| Franklin Loan Corporation | $7,890,000 | n/a | 0.4% | |
| Fremont Bank | $4,565,000 | $7,860,000 | 72.2% | 0.4% |
| UBS Bank USA | $9,825,000 | $7,510,000 | -23.6% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $5,440,000 | $7,475,000 | 37.4% | 0.4% |
| HighTechLending Inc | $5,540,000 | $7,430,000 | 34.1% | 0.4% |
| Stifel Bank and Trust | $1,790,000 | $7,405,000 | 313.7% | 0.4% |
| BROKER SOLUTIONS, INC. | $5,945,000 | $7,270,000 | 22.3% | 0.4% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $1,165,000 | $7,200,000 | 518.0% | 0.4% |
| LENDSURE MORTGAGE CORP. | $505,000 | $6,690,000 | 1,224.8% | 0.3% |
| PNC Bank | $12,820,000 | $6,670,000 | -48.0% | 0.3% |
| ALLIANT CREDIT UNION | $2,195,000 | $6,550,000 | 198.4% | 0.3% |
| Comerica Bank | $26,160,000 | $6,550,000 | -75.0% | 0.3% |
| The Loan Store, Inc. | $3,890,000 | $6,100,000 | 56.8% | 0.3% |
| Third Federal Savings and Loan Association of Cleveland | $2,885,000 | $5,945,000 | 106.1% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $4,745,000 | $5,585,000 | 17.7% | 0.3% |
| Commerce Home Mortgage, Inc. | $9,310,000 | $5,560,000 | -40.3% | 0.3% |
| Axos Bank | $2,100,000 | $5,270,000 | 151.0% | 0.3% |
| MOUNTAIN WEST FINANCIAL, INC. | $13,830,000 | $5,060,000 | -63.4% | 0.3% |
| SANTA CRUZ COMMUNITY CREDIT UNION | $9,605,000 | $4,905,000 | -48.9% | 0.3% |
| OCMBC, INC. | $4,460,000 | $4,875,000 | 9.3% | 0.3% |
| Watermark Capital, Inc. | $12,395,000 | $4,830,000 | -61.0% | 0.2% |
| Mortgage Research Center, LLC | $795,000 | $4,810,000 | 505.0% | 0.2% |
| ARC HOME LLC | $4,695,000 | n/a | 0.2% | |
| S1L, Inc. | $675,000 | $4,500,000 | 566.7% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $1,150,000 | $4,435,000 | 285.7% | 0.2% |
| PROPER RATE, LLC | $4,400,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $3,955,000 | $4,355,000 | 10.1% | 0.2% |
| SUMMIT FUNDING, INC. | $5,100,000 | $4,345,000 | -14.8% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $5,665,000 | $4,325,000 | -23.7% | 0.2% |
| EVERETT FINANCIAL, INC. | $5,260,000 | $4,205,000 | -20.1% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $2,140,000 | $4,150,000 | 93.9% | 0.2% |
| Provident Credit Union | $3,830,000 | $4,035,000 | 5.4% | 0.2% |
| BETTER MORTGAGE CORPORATION | $1,295,000 | $4,005,000 | 209.3% | 0.2% |
| JMAC LENDING, INC. | $4,830,000 | $3,945,000 | -18.3% | 0.2% |
| LOANDEPOT.COM, LLC | $11,015,000 | $3,775,000 | -65.7% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $2,045,000 | $3,745,000 | 83.1% | 0.2% |
| Citadel Servicing Corporation | $4,400,000 | $3,715,000 | -15.6% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $2,225,000 | $3,290,000 | 47.9% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,850,000 | $3,165,000 | 11.1% | 0.2% |
| AMWEST FUNDING CORP. | $1,710,000 | $3,010,000 | 76.0% | 0.2% |
| CMG MORTGAGE, INC. | $4,040,000 | $3,005,000 | -25.6% | 0.2% |
| MLD MORTGAGE INC. | $405,000 | $2,790,000 | 588.9% | 0.1% |
| TECHNOLOGY | $4,330,000 | $2,775,000 | -35.9% | 0.1% |
| BAY EQUITY LLC | $2,105,000 | $2,760,000 | 31.1% | 0.1% |
| AHL FUNDING | $2,645,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $2,495,000 | n/a | 0.1% | |
| Goldman Sachs Bank USA | $1,105,000 | $2,455,000 | 122.2% | 0.1% |
| Figure Lending LLC | $1,790,000 | $2,425,000 | 35.5% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $2,615,000 | $2,390,000 | -8.6% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $2,370,000 | n/a | 0.1% | |
| Northpointe Bank | $2,365,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,780,000 | $2,320,000 | 30.3% | 0.1% |
| NBKC BANK | $1,595,000 | $2,255,000 | 41.4% | 0.1% |
| North Coast Financial, Inc. | $2,165,000 | n/a | 0.1% | |
| VAL-CHRIS INVESTMENTS, INC. | $505,000 | $2,165,000 | 328.7% | 0.1% |
| BAY-VALLEY MORTGAGE GROUP | $2,770,000 | $2,115,000 | -23.6% | 0.1% |
| KINECTA | $870,000 | $2,100,000 | 141.4% | 0.1% |
| PATELCO | $2,195,000 | $2,100,000 | -4.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $555,000 | $2,080,000 | 274.8% | 0.1% |
| Logan Finance Corporation | $1,670,000 | $1,975,000 | 18.3% | 0.1% |
| SANTA CLARA COUNTY | $1,880,000 | $1,965,000 | 4.5% | 0.1% |
| GOOGAIN, INC. | $1,955,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $3,945,000 | $1,930,000 | -51.1% | 0.1% |
| East West Bank | $1,305,000 | $1,820,000 | 39.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $1,065,000 | $1,815,000 | 70.4% | 0.1% |
| Bethpage Federal Credit Union | $1,430,000 | $1,815,000 | 26.9% | 0.1% |
| NATIONWIDE EQUITIES CORPORATION | $675,000 | $1,760,000 | 160.7% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,700,000 | n/a | 0.1% | |
| Discover Bank | $1,180,000 | $1,620,000 | 37.3% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $1,595,000 | n/a | 0.1% | |
| HomeTrust Bank | $1,940,000 | $1,595,000 | -17.8% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,580,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,210,000 | $1,540,000 | -52.0% | 0.1% |
| CIBC Bank USA | $1,505,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $2,275,000 | $1,495,000 | -34.3% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $255,000 | $1,470,000 | 476.5% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $1,545,000 | $1,450,000 | -6.1% | 0.1% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $1,425,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $625,000 | $1,425,000 | 128.0% | 0.1% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $1,410,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $1,500,000 | $1,380,000 | -8.0% | 0.1% |
| Home Mortgage Alliance Corp | $1,355,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $1,350,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $945,000 | $1,345,000 | 42.3% | 0.1% |
| First National Bank of America | $1,305,000 | n/a | 0.1% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $1,300,000 | n/a | 0.1% | |
| Paramount Bank | $1,295,000 | n/a | 0.1% | |
| ALAMEDA MORTGAGE CORPORATION | $565,000 | $1,285,000 | 127.4% | 0.1% |
| Farmers Bank & Trust | $1,265,000 | n/a | 0.1% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $1,235,000 | n/a | 0.1% | |
| DATA MORTGAGE, INC. | $1,230,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $1,945,000 | $1,225,000 | -37.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,220,000 | n/a | 0.1% | |
| SCHOOLSFIRST | $985,000 | $1,170,000 | 18.8% | 0.1% |
| Ally Bank | $505,000 | $1,155,000 | 128.7% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $3,290,000 | $1,150,000 | -65.0% | 0.1% |
| DELMAR FINANCIAL COMPANY | $1,145,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $500,000 | $1,145,000 | 129.0% | 0.1% |
| Toyota Financial Savings Bank | $1,145,000 | n/a | 0.1% | |
| Washington Federal Bank | $1,135,000 | n/a | 0.1% | |
| Assurance Financial Group, L.L.C. | $1,125,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $3,610,000 | $1,105,000 | -69.4% | 0.1% |
| Golden Empire Mortgage, Inc. | $475,000 | $1,100,000 | 131.6% | 0.1% |
| Umpqua Bank | $2,120,000 | $1,095,000 | -48.3% | 0.1% |
| NEW WAVE LENDING GROUP INC | $905,000 | $1,085,000 | 19.9% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $465,000 | $1,085,000 | 133.3% | 0.1% |
| PHH Mortgage Corporation | $880,000 | $1,080,000 | 22.7% | 0.1% |
| SALAL | $1,075,000 | n/a | 0.1% | |
| Educational Employees Credit Union | $390,000 | $1,070,000 | 174.4% | 0.1% |
| FAY SERVICING, LLC | $1,055,000 | n/a | 0.1% | |
| PremierOne Credit Union | $195,000 | $1,055,000 | 441.0% | 0.1% |
| COASTAL FUNDING SLC, INC. | $605,000 | $1,045,000 | 72.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $830,000 | $1,040,000 | 25.3% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $1,035,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,395,000 | $1,020,000 | -57.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,010,000 | n/a | 0.1% | |
| MidFirst Bank | $1,005,000 | n/a | 0.1% | |
| USAlliance Federal Credit Union | $970,000 | n/a | 0.1% | |
| Zions Bank | $4,530,000 | $940,000 | -79.2% | 0.0% |
| NMSI, INC. | $5,580,000 | $930,000 | -83.3% | 0.0% |
| Mission City Federal Credit Union | $925,000 | n/a | 0.0% | |
| Ameris Bank | $905,000 | n/a | 0.0% | |
| LBS FINANCIAL | $905,000 | n/a | 0.0% | |
| SNAPFI, INC. | $905,000 | n/a | 0.0% | |
| PACIFIC SERVICE | $565,000 | $900,000 | 59.3% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $885,000 | n/a | 0.0% | |
| USAA Federal Savings Bank | $635,000 | $875,000 | 37.8% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,585,000 | $845,000 | -76.4% | 0.0% |
| MERIWEST | $1,095,000 | $820,000 | -25.1% | 0.0% |
| ALTITUDE FINANCIAL CORPORATION | $795,000 | $815,000 | 2.5% | 0.0% |
| MERCO Credit Union | $805,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $3,585,000 | $765,000 | -78.7% | 0.0% |
| KEYPOINT | $1,170,000 | $765,000 | -34.6% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $865,000 | $760,000 | -12.1% | 0.0% |
| First Bank | $1,500,000 | $755,000 | -49.7% | 0.0% |
| San Mateo Credit Union | $265,000 | $755,000 | 184.9% | 0.0% |
| BM Real Estate Services, Inc. | $505,000 | $720,000 | 42.6% | 0.0% |
| Tri Counties Bank | $715,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $335,000 | $705,000 | 110.4% | 0.0% |
| Performance Financial, Inc. | $690,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $675,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $655,000 | n/a | 0.0% | |
| Raymond James Bank | $305,000 | $655,000 | 114.8% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $75,000 | $610,000 | 713.3% | 0.0% |
| Bank of England | $605,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $1,360,000 | $585,000 | -57.0% | 0.0% |
| ONY GLO, INC. | $585,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $1,400,000 | $585,000 | -58.2% | 0.0% |
| PLANET HOME LENDING, LLC | $580,000 | n/a | 0.0% | |
| VICTORIA FINANCIAL CORP. | $565,000 | $565,000 | 0.0% | 0.0% |
| LANTZMAN MANAGEMENT, INC. | $555,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $810,000 | $555,000 | -31.5% | 0.0% |
| FUNDLOANS CAPITAL | $660,000 | $550,000 | -16.7% | 0.0% |
| INTELLILOAN, INC. | $640,000 | $535,000 | -16.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $245,000 | $525,000 | 114.3% | 0.0% |
| CBC Federal Credit Union | $155,000 | $520,000 | 235.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $515,000 | n/a | 0.0% | |
| UNCLE Credit Union | $55,000 | $510,000 | 827.3% | 0.0% |
| CITIZENS EQUITY FIRST | $35,000 | $505,000 | 1,342.9% | 0.0% |
| GEORGIA'S OWN | $865,000 | $505,000 | -41.6% | 0.0% |
| UNION HOME MORTGAGE CORP. | $505,000 | n/a | 0.0% | |
| LOANPAL, LLC | $155,000 | $500,000 | 222.6% | 0.0% |
| Coastal Community Bank | $705,000 | $475,000 | -32.6% | 0.0% |
| FIRST TECHNOLOGY | $2,175,000 | $465,000 | -78.6% | 0.0% |
| GTE Federal Credit Union | $455,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $965,000 | $455,000 | -52.8% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $435,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $435,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $410,000 | n/a | 0.0% | |
| Citizens Bank | $1,190,000 | $405,000 | -66.0% | 0.0% |
| Vellum Mortgage, Inc. | $1,105,000 | $395,000 | -64.3% | 0.0% |
| Community West Bank | $1,640,000 | $375,000 | -77.1% | 0.0% |
| LIMA ONE CAPITAL, LLC | $375,000 | n/a | 0.0% | |
| Murphy Bank | $240,000 | $370,000 | 54.2% | 0.0% |
| COMMUNITY MORTGAGE, LLC | $355,000 | n/a | 0.0% | |
| Open Bank | $355,000 | n/a | 0.0% | |
| UIF CORPORATION | $345,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $335,000 | n/a | 0.0% | |
| Plains Commerce Bank | $725,000 | $305,000 | -57.9% | 0.0% |
| SIRVA MORTGAGE, INC. | $725,000 | $305,000 | -57.9% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $525,000 | $285,000 | -45.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $280,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $2,010,000 | $275,000 | -86.3% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $480,000 | $255,000 | -46.9% | 0.0% |
| Financial Partners Credit Union | $255,000 | $255,000 | 0.0% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $695,000 | $255,000 | -63.3% | 0.0% |
| The Northern Trust Company | $225,000 | n/a | 0.0% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $2,025,000 | $215,000 | -89.4% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $175,000 | n/a | 0.0% | |
| ORANGE COUNTY'S CREDIT UNION | $155,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $340,000 | $150,000 | -55.9% | 0.0% |
| Boeing Employees Credit Union | $85,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $85,000 | n/a | 0.0% | |
| Connexus Credit Union | $155,000 | $75,000 | -51.6% | 0.0% |
| LADERA LENDING, INC. | $1,730,000 | $75,000 | -95.7% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| Mechanics Bank | $2,615,000 | $55,000 | -97.9% | 0.0% |
| SAFE CREDIT UNION | $95,000 | $55,000 | -42.1% | 0.0% |
| SAN FRANCISCO FIRE CREDIT UNION | $155,000 | $55,000 | -64.5% | 0.0% |
| The Federal Savings Bank | $1,340,000 | $55,000 | -95.9% | 0.0% |
SANTA CRUZ - WATSONVILLE's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 17.8% market share. In second place, with 10.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $209,195,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $114,640,000 in loans. In fourth place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $98,700,000 in loans. In fifth place, with 5.1%, is BAY, having originated $98,670,000 in loans.
SANTA CRUZ - WATSONVILLE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SANTA CRUZ - WATSONVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $899,472 (5.9%) | $1,396,805 (9.7%) | 3.33 | 220 |
| 2018-02-01 | $899,250 (5.9%) | $1,382,567 (7.2%) | 3.26 | 246 |
| 2018-03-01 | $976,500 (10.1%) | $1,367,781 (3.6%) | 3.43 | 286 |
| 2018-04-01 | $950,000 (5.6%) | $1,441,990 (7.9%) | 3.22 | 337 |
| 2018-05-01 | $939,000 (4.5%) | $1,412,309 (8.1%) | 3.14 | 379 |
| 2018-06-01 | $971,000 (5.7%) | $1,416,724 (9.1%) | 3.24 | 421 |
| 2018-07-01 | $962,500 (4.1%) | $1,371,001 (6.0%) | 3.21 | 474 |
| 2018-08-01 | $929,006 (3.2%) | $1,309,226 (4.1%) | 3.11 | 525 |
| 2018-09-01 | $925,000 (2.8%) | $1,290,292 (3.2%) | 3.11 | 560 |
| 2018-10-01 | $897,000 (-0.2%) | $1,281,559 (3.8%) | 3.04 | 561 |
| 2018-11-01 | $899,500 (0.1%) | $1,300,835 (-0.4%) | 3.05 | 536 |
| 2018-12-01 | $895,000 (-0.4%) | $1,307,537 (-0.2%) | 3.09 | 428 |
| 2019-01-01 | $896,500 (-0.3%) | $1,329,675 (-4.8%) | 3.10 | 321 |
| 2019-02-01 | $899,000 (0.0%) | $1,306,642 (-5.5%) | 3.04 | 303 |
| 2019-03-01 | $940,121 (-3.7%) | $1,342,249 (-1.9%) | 3.07 | 350 |
| 2019-04-01 | $986,821 (3.9%) | $1,341,204 (-7.0%) | 3.13 | 410 |
| 2019-05-01 | $999,125 (6.4%) | $1,336,669 (-5.4%) | 3.12 | 469 |
| 2019-06-01 | $996,500 (2.6%) | $1,372,995 (-3.1%) | 3.11 | 514 |
| 2019-07-01 | $957,125 (-0.6%) | $1,333,530 (-2.7%) | 3.00 | 583 |
| 2019-08-01 | $960,818 (3.4%) | $1,337,063 (2.1%) | 3.04 | 580 |
| 2019-09-01 | $954,170 (3.2%) | $1,341,141 (3.9%) | 3.05 | 568 |
| 2019-10-01 | $949,000 (5.8%) | $1,343,860 (4.9%) | 3.06 | 553 |
| 2019-11-01 | $949,250 (5.5%) | $1,363,268 (4.8%) | 3.11 | 465 |
| 2019-12-01 | $899,250 (0.5%) | $1,390,006 (6.3%) | 3.00 | 305 |
| 2020-01-01 | $899,500 (0.3%) | $1,383,186 (4.0%) | 3.01 | 238 |
| 2020-02-01 | $925,000 (2.9%) | $1,361,002 (4.2%) | 3.03 | 262 |
| 2020-03-01 | $949,000 (0.9%) | $1,337,346 (-0.4%) | 2.97 | 325 |
| 2020-04-01 | $948,500 (-3.9%) | $1,315,874 (-1.9%) | 2.97 | 356 |
| 2020-05-01 | $959,500 (-4.0%) | $1,356,750 (1.5%) | 2.92 | 388 |
| 2020-06-01 | $1,018,250 (2.2%) | $1,496,095 (9.0%) | 3.00 | 377 |
| 2020-07-01 | $1,094,000 (14.3%) | $1,518,079 (13.8%) | 3.17 | 351 |
| 2020-08-01 | $1,100,000 (14.5%) | $1,617,445 (21.0%) | 3.15 | 311 |
| 2020-09-01 | $1,088,250 (14.1%) | $1,558,731 (16.2%) | 3.12 | 273 |
| 2020-10-01 | $1,072,500 (13.0%) | $1,556,863 (15.9%) | 3.07 | 270 |
| 2020-11-01 | $1,042,222 (9.8%) | $1,469,102 (7.8%) | 3.05 | 255 |
| 2020-12-01 | $972,919 (8.2%) | $1,403,710 (1.0%) | 2.89 | 217 |
| 2021-01-01 | $950,000 (5.6%) | $1,390,225 (0.5%) | 2.84 | 167 |
| 2021-02-01 | $944,500 (2.1%) | $1,435,531 (5.5%) | 2.75 | 149 |
| 2021-03-01 | $1,074,750 (13.3%) | $1,501,887 (12.3%) | 3.05 | 159 |
| 2021-04-01 | $1,134,250 (19.6%) | $1,632,051 (24.0%) | 3.07 | 185 |
| 2021-05-01 | $1,199,500 (25.0%) | $1,698,025 (25.2%) | 3.19 | 206 |
| 2021-06-01 | $1,231,000 (20.9%) | $1,695,900 (13.4%) | 3.24 | 215 |
| 2021-07-01 | $1,200,000 (9.7%) | $1,647,008 (8.5%) | 3.17 | 234 |
| 2021-08-01 | $1,172,250 (6.6%) | $1,548,492 (-4.3%) | 3.13 | 243 |
| 2021-09-01 | $1,200,000 (10.3%) | $1,586,279 (1.8%) | 3.20 | 221 |
| 2021-10-01 | $1,250,000 (16.6%) | $1,669,649 (7.2%) | 3.33 | 187 |
| 2021-11-01 | $1,348,250 (29.4%) | $1,698,584 (15.6%) | 3.60 | 151 |
| 2021-12-01 | $1,283,750 (32.0%) | $1,587,594 (13.1%) | 3.48 | 101 |
| 2022-01-01 | $1,200,000 (26.3%) | $1,498,415 (7.8%) | 3.24 | 83 |
| 2022-02-01 | $1,249,500 (32.3%) | $1,498,586 (4.4%) | 3.25 | 106 |
| 2022-03-01 | $1,297,750 (20.8%) | $1,587,953 (5.7%) | 3.25 | 136 |
| 2022-04-01 | $1,299,000 (14.5%) | $1,634,705 (0.2%) | 3.10 | 156 |
| 2022-05-01 | $1,397,500 (16.5%) | $1,724,447 (1.6%) | 3.19 | 234 |
| 2022-06-01 | $1,363,500 (10.8%) | $1,722,783 (1.6%) | 3.04 | 269 |
| 2022-07-01 | $1,332,000 (11.0%) | $1,692,267 (2.8%) | 3.00 | 325 |
| 2022-08-01 | $1,344,500 (14.7%) | $1,660,443 (7.2%) | 3.11 | 312 |
| 2022-09-01 | $1,386,000 (15.5%) | $1,720,097 (8.4%) | 3.24 | 286 |
| 2022-10-01 | $1,349,000 (7.9%) | $1,723,678 (3.2%) | 3.17 | 297 |
| 2022-11-01 | $1,399,000 (3.8%) | $1,777,598 (4.7%) | 3.36 | 266 |
| 2022-12-01 | $1,345,000 (4.8%) | $1,715,599 (8.1%) | 3.32 | 232 |
| 2023-01-01 | $1,285,750 (7.2%) | $1,643,300 (9.7%) | 3.18 | 171 |
| 2023-02-01 | $1,316,250 (5.3%) | $1,659,280 (10.7%) | 3.18 | 176 |
| 2023-03-01 | $1,397,000 (7.7%) | $1,790,272 (12.7%) | 3.29 | 173 |
| 2023-04-01 | $1,399,000 (7.7%) | $1,856,567 (13.6%) | 3.25 | 204 |
| 2023-05-01 | $1,432,000 (2.5%) | $1,810,164 (5.0%) | 3.25 | 243 |
| 2023-06-01 | $1,387,000 (1.7%) | $1,748,746 (1.5%) | 3.12 | 280 |
| 2023-07-01 | $1,375,000 (3.2%) | $1,764,170 (4.3%) | 3.13 | 297 |
| 2023-08-01 | $1,298,000 (-3.5%) | $1,717,326 (3.4%) | 2.98 | 312 |
| 2023-09-01 | $1,250,000 (-9.8%) | $1,723,492 (0.2%) | 2.91 | 319 |
| 2023-10-01 | $1,197,000 (-11.3%) | $1,695,612 (-1.6%) | 2.82 | 332 |
| 2023-11-01 | $1,174,857 (-16.0%) | $1,674,739 (-5.8%) | 2.80 | 311 |
| 2023-12-01 | $1,182,000 (-12.1%) | $1,611,871 (-6.1%) | 2.88 | 248 |
| 2024-01-01 | $1,062,000 (-17.4%) | $1,536,203 (-6.5%) | 2.59 | 200 |
| 2024-02-01 | $1,074,850 (-18.3%) | $1,597,220 (-3.7%) | 2.59 | 193 |
| 2024-03-01 | $1,199,000 (-14.2%) | $1,709,344 (-4.5%) | 2.82 | 225 |
| 2024-04-01 | $1,298,000 (-7.2%) | $1,841,445 (-0.8%) | 3.02 | 270 |
| 2024-05-01 | $1,299,000 (-9.3%) | $1,906,698 (5.3%) | 2.96 | 344 |
| 2024-06-01 | $1,296,500 (-6.5%) | $1,898,389 (8.6%) | 2.95 | 375 |
| 2024-07-01 | $1,295,750 (-5.8%) | $1,803,485 (2.2%) | 2.96 | 395 |
| 2024-08-01 | $1,277,000 (-1.6%) | $1,795,602 (4.6%) | 2.97 | 432 |
| 2024-09-01 | $1,274,750 (2.0%) | $1,767,265 (2.5%) | 3.00 | 449 |
| 2024-10-01 | $1,295,000 (8.2%) | $1,745,854 (3.0%) | 3.05 | 442 |
| 2024-11-01 | $1,249,000 (6.3%) | $1,698,702 (1.4%) | 3.00 | 425 |
| 2024-12-01 | $1,182,500 (0.0%) | $1,639,745 (1.7%) | 2.94 | 324 |
| 2025-01-01 | $1,158,875 (9.1%) | $1,610,167 (4.8%) | 2.89 | 290 |
| 2025-02-01 | $1,194,500 (11.1%) | $1,678,991 (5.1%) | 2.90 | 311 |
| 2025-03-01 | $1,200,000 (0.1%) | $1,714,706 (0.3%) | 2.82 | 376 |
| 2025-04-01 | $1,249,000 (-3.8%) | $1,724,809 (-6.3%) | 2.90 | 455 |
SANTA CRUZ - WATSONVILLE's median listing price for 2025-04-01 was $1,249,000, a difference of
$-49,000
(-3.8%) versus the prior year and
$49,000 versus the prior month.
SANTA CRUZ - WATSONVILLE's median listing price comes in at 290% of the national average.
SANTA CRUZ - WATSONVILLE's average listing price for 2025-04-01 was $1,724,809, a difference of $-116,636 (-6.3%) versus the prior year and $10,103 versus the prior month.
For the 2025-04-01 period, SANTA CRUZ - WATSONVILLE had 455 MLS listings, a difference of 79 listings (21%) versus the prior month and 185 listings (69%) versus the prior year.
SANTA CRUZ - WATSONVILLE's median listing price comes in at 290% of the national average.
SANTA CRUZ - WATSONVILLE's average listing price for 2025-04-01 was $1,724,809, a difference of $-116,636 (-6.3%) versus the prior year and $10,103 versus the prior month.
For the 2025-04-01 period, SANTA CRUZ - WATSONVILLE had 455 MLS listings, a difference of 79 listings (21%) versus the prior month and 185 listings (69%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SANTA CRUZ - WATSONVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 67 days | 1,719 sqft |
| 2018-02-01 | 36 days | 1,608 sqft |
| 2018-03-01 | 30 days | 1,677 sqft |
| 2018-04-01 | 35 days | 1,699 sqft |
| 2018-05-01 | 33 days | 1,663 sqft |
| 2018-06-01 | 39 days | 1,693 sqft |
| 2018-07-01 | 42 days | 1,716 sqft |
| 2018-08-01 | 43 days | 1,655 sqft |
| 2018-09-01 | 46 days | 1,657 sqft |
| 2018-10-01 | 52 days | 1,650 sqft |
| 2018-11-01 | 56 days | 1,673 sqft |
| 2018-12-01 | 67 days | 1,614 sqft |
| 2019-01-01 | 81 days | 1,605 sqft |
| 2019-02-01 | 66 days | 1,661 sqft |
| 2019-03-01 | 41 days | 1,716 sqft |
| 2019-04-01 | 33 days | 1,762 sqft |
| 2019-05-01 | 36 days | 1,736 sqft |
| 2019-06-01 | 46 days | 1,744 sqft |
| 2019-07-01 | 47 days | 1,677 sqft |
| 2019-08-01 | 53 days | 1,669 sqft |
| 2019-09-01 | 58 days | 1,684 sqft |
| 2019-10-01 | 61 days | 1,691 sqft |
| 2019-11-01 | 69 days | 1,700 sqft |
| 2019-12-01 | 95 days | 1,625 sqft |
| 2020-01-01 | 90 days | 1,636 sqft |
| 2020-02-01 | 39 days | 1,610 sqft |
| 2020-03-01 | 34 days | 1,634 sqft |
| 2020-04-01 | 47 days | 1,672 sqft |
| 2020-05-01 | 53 days | 1,725 sqft |
| 2020-06-01 | 44 days | 1,740 sqft |
| 2020-07-01 | 45 days | 1,842 sqft |
| 2020-08-01 | 48 days | 1,842 sqft |
| 2020-09-01 | 66 days | 1,799 sqft |
| 2020-10-01 | 62 days | 1,795 sqft |
| 2020-11-01 | 57 days | 1,722 sqft |
| 2020-12-01 | 59 days | 1,617 sqft |
| 2021-01-01 | 54 days | 1,618 sqft |
| 2021-02-01 | 35 days | 1,538 sqft |
| 2021-03-01 | 33 days | 1,636 sqft |
| 2021-04-01 | 27 days | 1,654 sqft |
| 2021-05-01 | 25 days | 1,792 sqft |
| 2021-06-01 | 31 days | 1,798 sqft |
| 2021-07-01 | 29 days | 1,792 sqft |
| 2021-08-01 | 31 days | 1,665 sqft |
| 2021-09-01 | 42 days | 1,827 sqft |
| 2021-10-01 | 49 days | 1,851 sqft |
| 2021-11-01 | 64 days | 1,952 sqft |
| 2021-12-01 | 74 days | 1,833 sqft |
| 2022-01-01 | 52 days | 1,646 sqft |
| 2022-02-01 | 17 days | 1,574 sqft |
| 2022-03-01 | 18 days | 1,535 sqft |
| 2022-04-01 | 24 days | 1,600 sqft |
| 2022-05-01 | 23 days | 1,712 sqft |
| 2022-06-01 | 28 days | 1,723 sqft |
| 2022-07-01 | 36 days | 1,705 sqft |
| 2022-08-01 | 41 days | 1,700 sqft |
| 2022-09-01 | 45 days | 1,738 sqft |
| 2022-10-01 | 44 days | 1,705 sqft |
| 2022-11-01 | 54 days | 1,796 sqft |
| 2022-12-01 | 66 days | 1,723 sqft |
| 2023-01-01 | 78 days | 1,703 sqft |
| 2023-02-01 | 61 days | 1,691 sqft |
| 2023-03-01 | 38 days | 1,723 sqft |
| 2023-04-01 | 36 days | 1,786 sqft |
| 2023-05-01 | 32 days | 1,753 sqft |
| 2023-06-01 | 32 days | 1,754 sqft |
| 2023-07-01 | 36 days | 1,696 sqft |
| 2023-08-01 | 40 days | 1,587 sqft |
| 2023-09-01 | 39 days | 1,600 sqft |
| 2023-10-01 | 43 days | 1,531 sqft |
| 2023-11-01 | 48 days | 1,516 sqft |
| 2023-12-01 | 60 days | 1,438 sqft |
| 2024-01-01 | 68 days | 1,351 sqft |
| 2024-02-01 | 49 days | 1,387 sqft |
| 2024-03-01 | 36 days | 1,428 sqft |
| 2024-04-01 | 33 days | 1,553 sqft |
| 2024-05-01 | 32 days | 1,606 sqft |
| 2024-06-01 | 36 days | 1,596 sqft |
| 2024-07-01 | 45 days | 1,601 sqft |
| 2024-08-01 | 44 days | 1,609 sqft |
| 2024-09-01 | 47 days | 1,585 sqft |
| 2024-10-01 | 51 days | 1,578 sqft |
| 2024-11-01 | 53 days | 1,550 sqft |
| 2024-12-01 | 70 days | 1,509 sqft |
| 2025-01-01 | 73 days | 1,502 sqft |
| 2025-02-01 | 41 days | 1,462 sqft |
| 2025-03-01 | 36 days | 1,514 sqft |
| 2025-04-01 | 36 days | 1,569 sqft |
SANTA CRUZ - WATSONVILLE's median listing age (time on market) for 2025-04-01 was 36 days.
This
is 8%
longer
than the same period one year ago.
SANTA CRUZ - WATSONVILLE's median square footage for active listings during the 2025-04-01 period was 1,569 sqft. One year prior, the average listing was 1,553 sqft.
SANTA CRUZ - WATSONVILLE's median square footage for active listings during the 2025-04-01 period was 1,569 sqft. One year prior, the average listing was 1,553 sqft.
SANTA CRUZ-WATSONVILLE, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,224 | $973,430,000 | $795,286 |
| Cash Out Refi | 511 | $521,775,000 | $1,021,086 |
| Refi | 443 | $281,135,000 | $634,616 |
| Other | 233 | $79,585,000 | $341,567 |
| Home Improvement | 227 | $79,985,000 | $352,357 |
| NA | 2 | $920,000 | $460,000 |
Santa Cruz - Watsonville's most frequently cited loan purpose was Home Purchase, with 1,224 originations. The 2nd most popular reason was Cash Out Refi, with 511 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,015 | $1,069,515,000 | $1,053,709 |
| Over 8% | 705 | $190,145,000 | $269,709 |
| 7-8% | 580 | $364,410,000 | $628,293 |
| 5-6% | 283 | $285,855,000 | $1,010,088 |
| 4-5% | 14 | $15,020,000 | $1,072,857 |
| <2.5% | 7 | $885,000 | $126,429 |
| 3-4% | 4 | $2,180,000 | $545,000 |
During 2024, Santa Cruz - Watsonville's most frequently originated rate bucket was 6-7%, with 1,015 originations.
Loan Sizing (SANTA CRUZ-WATSONVILLE, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $600k-1000k | 679 | $525,675,000 | $774,190 |
| $200k-400k | 500 | $140,550,000 | $281,100 |
| $400k-600k | 451 | $222,805,000 | $494,024 |
| $Over $1MM | 427 | $987,385,000 | $2,312,377 |
| $100k-200k | 341 | $45,385,000 | $133,094 |
| $100,000 or less | 242 | $15,030,000 | $62,107 |
SANTA CRUZ - WATSONVILLE's loan sizing saw the bucket of loans from $600k-1000k with 679 originations, totaling $525,675,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| Under 20% | 715 | $106,905,000 | $149,517 |
| 60-80% | 645 | $598,845,000 | $928,442 |
| 80-100% | 444 | $375,410,000 | $845,518 |
| 20-40% | 416 | $183,220,000 | $440,433 |
| 40-60% | 357 | $300,085,000 | $840,574 |
| Over 100% | 7 | $350,255,000 | $50,036,429 |
SANTA CRUZ - WATSONVILLE's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 715 originations, totaling $106,905,000 in origination value.